Key Points
- Insider purchase: Matthew Lester acquired 504 shares of Intermediate Capital Group on March 3 at an average cost of GBX 1,584 per share, for a total of £7,983.36.
- Market and analyst view: Shares trade around GBX 1,632 with a market cap of £4.74bn and a PE of 8.02, and analysts hold a consensus "Moderate Buy" rating with a consensus price target of GBX 2,565.14.
Intermediate Capital Group plc (LON:ICG - Get Free Report) insider Matthew Lester acquired 504 shares of the business's stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average cost of GBX 1,584 per share, with a total value of £7,983.36.
Intermediate Capital Group Trading Down 0.6%
Shares of ICG opened at GBX 1,631.99 on Friday. Intermediate Capital Group plc has a 12 month low of GBX 1,539 and a 12 month high of GBX 2,340. The firm's 50 day moving average is GBX 1,851.35 and its 200-day moving average is GBX 2,012.42. The stock has a market capitalization of £4.74 billion, a PE ratio of 8.02 and a beta of 1.43.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Panmure Gordon reaffirmed a "buy" rating and issued a GBX 2,450 price objective on shares of Intermediate Capital Group in a report on Wednesday, November 19th. Citigroup raised their price target on Intermediate Capital Group from GBX 2,470 to GBX 2,550 and gave the stock a "buy" rating in a research report on Monday, January 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 2,900 price objective on shares of Intermediate Capital Group in a research report on Thursday, January 22nd. Finally, UBS Group reiterated a "neutral" rating and set a GBX 2,250 price objective on shares of Intermediate Capital Group in a research note on Friday, January 16th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,565.14.
Check Out Our Latest Stock Report on ICG
About Intermediate Capital Group
(
Get Free Report)
ICG (LSE: ICG) is a global alternative asset manager with $127bn* in AUM and more than three decades of experience generating attractive returns. We operate from over 20 locations globally and invest our clients' capital across Structured Capital; Private Equity Secondaries; Private Debt; Credit; and Real Assets. Our exceptional people originate differentiated opportunities, invest responsibly, and deliver long-term value. We partner with management teams, founders, and business owners in a creative and solutions-focused approach, supporting them with our expertise and flexible capital.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
